How is this Constellation Pie Pan looking? how much is it worth?

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Just wondering what you guys thought of this pie pan. Looks good in my opinion. What would a fair price be?

 
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What research did you do yourself?
 
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welcome @proratsass

The watch itself is an early 168.005 from around '63.
The case is in ok condition but has seen some polishing as it isn't particularly sharp.
However, the watch has some issues.
The dial has significant blistering in the lacquer and the movt has rust on the regulator spring - the latter is quite unusual.
The rotor has also been dragging on the movt.

Presumably the watch is for sale - so it is much easier for you to tell us what the asking is rather than for us to fish nominal values out of the air.
We can then assess whether the asking is reasonable relative to the condition.
 
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Sounds a bit toppy for a private sale with no service proof. You are into it for more like $2100 once it is serviced which is dealer watch money. It is nice and I would wear it but I'd want it cheaper.
 
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Yes, it is a pie-pan dogleg and it would probably wear ok on the wrist - but IMHO $1800 is way too much for this watch in that condition.

If it was $1500 you might think "a bit steep but I like the watch" and I might be able to negotiate the seller down a bit.

To my mind the case is ok and dial is not great - but it is the rust in the movt that would bother me most as you don't know what else you can't see in the movt.
 
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For that money I would hold out for a better dial this one has a lot of spotting
 
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Sometimes the lacquer just has some tiny spotting that is only visible when viewed at an angle in bright light, and I think that can look fine on the wrist. However, the blistering on that dial is much more significant, as you can see from the photo taken at an angle. Already, the condition hurts the value a lot. Moreover, combined with the corroded movement, the watch appears to have experienced moisture intrusion, and it's possible that the dial will continue to degrade. It's not a watch that would interest me. But to be fair, I don't understand why people are drawn to the dog-leg lug references anyway, they are not appealing to me, even though they are hyped as collectible.
 
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Sometimes the lacquer just has some tiny spotting that is only visible when viewed at an angle in bright light, and I think that can look fine on the wrist. However, the blistering on that dial is much more significant, as you can see from the photo taken at an angle. Already, the condition hurts the value a lot. Moreover, combined with the corroded movement, the watch appears to have experienced moisture intrusion, and it's possible that the dial will continue to degrade. It's not a watch that would interest me. But to be fair, I don't understand why people are drawn to the dog-leg lug references anyway, they are not appealing to me, even though they are hyped as collectible.
"Hyped as collectible" isn't fair. I'd say it's agreed upon in the Omega community that dog leg references are collectible. Widely considered unique and cool - for decades. Not appealing to you, fair enough. But a hype watch? Cmon
 
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The seller offered $1600. Seems like he's desperate?
It's really a decision you'll have to make for yourself, with good advice from this forum already. I personally wouldn't enjoy wearing it, dial is spotted a bit too much and the case too polished. It also needs a service which may uncover other issues (possible water intrusion noted above). I like these on bracelets, if you do too factor in that additional cost. Someone will buy this watch, it's not an exorbitant price and it's a classic ref people enjoy. Would it make you happy? If it would .. scoop it up! I would look for one with either a really sharp case or dial, compromising both ways makes a pass for me.
 
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The seller offered $1600. Seems like he's desperate?
Not necessarily desperate, just that they were chancing their arm with the original asking price.
The watch is still too expensive IMHO and it would be a polite thank you but no thank you from me.
 
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If you like it, $1600 is probably not a crazy price, but I just think you might regret buying this watch because of the condition of the dial. That's just my subjective opinion, obviously. If you truly like the watch and you're impatient, I don't see anything that's a total dealbreaker.

You won't get a pristine 168.005 for $1600, but I think you could do better with some patience. For example, I just saw this sell for $1500 in an auction, and I think it actually went a little high. I see watches like this sell for $1200-ish in auctions from time to time. Obviously, it's far from excellent condition, but this type of dial damage, with even all-over discoloration or small blisters can look totally fine on the wrist. The large isolated bumps on the OP watch is something I would just prefer to avoid, it's distracting to my eye.